Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest inflow was seen in the Materials Select Sector SPDR Fund (AMEX:XLB), which added 7,450,000 shares, or a 14.0% increase week over week. Among the largest underlying components of XLB, in morning trading today DuPont (NYSE:DD) is off about 0.3%, and Monsanto Company (NYSE:MON) is lower by about 0.7%.
And on a percentage change basis, the ETF with the largest increase in inflows was the Rydex S&P MidCap 400 Equal Weight ETF (EWMD), which added 50,000 shares, for a whopping 100.0% increase in outstanding shares. Among the largest underlying components of EWMD, in morning trading today Terex Corporation New (NYSE:TEX) is off about 1.2%, and Regeneron Pharmaceutical Incorporated (NASDAQ:REGN) is higher by about 0.7%.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.